Senior Financial Analyst

Senior Financial Analyst

We are seeking a highly motivated professional with strong critical thinking skills. The team member will utilize his/her skill sets to identify process improvements, perform financial analysis and implement best practices as part of a collaborative team. The successful candidate will work closely with the Purchasing team and PACCAR Truck divisions. This position is seated at PACCAR North Texas in Lewisville, Texas or PACCAR Corporate in Bellevue, Washington.

PACCAR is a Fortune 500 company established in 1905. PACCAR Inc is recognized as a global leader in the commercial vehicle, financial, and customer service fields with internationally recognized brands such as Kenworth, Peterbilt, and DAF trucks. PACCAR is a global technology leader in the design, manufacture and customer support of premium light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates and also provides customized financial services, information technology and truck parts related to its principal business.

Job Functions / Responsibilities:

• Partner with Purchasing leadership and PACCAR divisions to provide financial analysis, forecasting, and insights that support sourcing strategies, supplier negotiations, and business decision-making.
• Develop, analyze, and communicate timely and accurate component cost forecasts, identifying key risks, opportunities, and drivers impacting financial performance.
• Support cost reduction initiatives by tracking supplier pricing actions, analyzing cost changes, and measuring progress toward company cost targets.
• Perform financial analysis of suppliers, including financial statement reviews, to assess financial health and identify potential supply base risks.
• Manage supplier surcharge activities and retroactive pricing adjustments.
• Prepare monthly, quarterly, and annual management reporting for Purchasing and corporate finance leadership.
• Lead process improvement initiatives by leveraging advanced analytics, automation, AI tools, and data-driven solutions to improve efficiency, reporting accuracy, and business outcomes.
• Support internal control activities, including SOX compliance and financial process reviews.
• Participate in special projects and cross-functional initiatives supporting PACCAR's operational and financial objectives.

Qualifications:

• 5 years of relevant work experience
• Advanced Excel skills required; experience with complex formulas, Power Query a plus.
• Experience with automation tools and AI-enabled business applications are highly desirable.
• Strong analytical and problem-solving skills.
• Ability to manage multiple priorities in a fast-paced environment while maintaining a high level of accuracy.
• Strong attention to detail while maintaining a strategic, business-oriented perspective.
• Excellent communication and presentation skills with the ability to present financial information clearly to business partners and leadership.
• Demonstrated experience driving process improvements
• Education BA in Accounting or Finance with five years of relevant work experience. MBA, CPA, or CMA a plus.

Paccar Benefits:

• Competitive salary and 401k with up to a 5% company match
• Fully funded pension plan that provides monthly benefits after retirement
• Comprehensive paid time off Minimum of 10 paid vacation days, 12 paid holidays, and sick leave
• Tuition reimbursement for continued education
• Medical, dental, and vision plans for you and your family
• Flexible spending accounts (FSA) and health savings account (HSA)
• Paid short-and long-term disability program
• Life and accidental death and dismemberment insurance
• EAP services including wellness plans, estate planning, financial counseling and more
• Global Fortune 500 company with a wide array of growth and development opportunities
• Work alongside experienced goal-oriented colleagues recognized as experts in their field